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Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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Al Bawaba
April 20th, 2015 - 04:55 GMT

What Daesh? Iraq to build new solar, wind power stations

Al Bawaba
April 19th, 2015 - 08:19 GMT

Saudi Arabia decides: stadiums or sports villages?

Al Bawaba
April 19th, 2015 - 01:21 GMT

Pushing through: Syria Air to resume flights to Bahrain

Al Bawaba
April 19th, 2015 - 12:50 GMT

UAE braces for Mars mission with new space center

The chairman was at the helm of Arabtec during last June’s market crash, following a dispute that led to the resignation of CEO Hasan Ismaik and the dismissal of much of the management team.
April 19th, 2015 - 11:49 GMT

Falling apart? Arabtec chairman, founder both call it quits

Al Bawaba
April 19th, 2015 - 05:55 GMT

Deteriorating oil, deteriorating budget: Moody downgrades Bahrain's ratings

Moqaddam said that Chinese banks are investigating a plan to finance Iranian projects at three times the amount of money Iran has in China (image: on file).
April 19th, 2015 - 04:55 GMT

A happy customer: China invested $21 billion in Iran's oil sector

Al Bawaba
April 19th, 2015 - 04:55 GMT

From fireworks to drones: Dubai ruler issues new aviation law

Al Bawaba
April 19th, 2015 - 03:55 GMT

Reaching out: Kuwait finalizes investment arm in Egypt

Turkey has been declared as the host for the conference on Halal Tourism- a sector that is currently worth $150 billion (Dh550.5 billion).
April 17th, 2015 - 11:36 GMT

A $150 billion potential: Turkey to host Halal tourism conference

Al Bawaba
April 16th, 2015 - 06:35 GMT

Ahlan wa sahlan: Saudi Arabia to open stock market to foreigners on June 15

Four new gas-powered power plants will have
a total capacity of 900 megawatts (image: on file).
April 16th, 2015 - 06:13 GMT

Power relations: Egypt signs $1.6 billion worth of energy with Kuwait

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